On Friday morning, as expected, the overnight Bitcoin price once again dipped, with the low point reaching around 95,600. As mentioned earlier, if 97,000 cannot hold, then 95,000 is likely to follow. Overall, the current trend is still quite in line with expectations, and the short position strategy has been verified again.

Since the decline from the 108,000 level, there has been a drop of nearly 13,000 points. Most of the necessary corrections have been made. Although the bearish sentiment appears strong at the moment, as we approach the end of the week, one should not blindly chase after it. Good or bad, it could lead to extreme reversals. In the short term, there may still be some fluctuations, but the downward space has been largely exhausted. There might still be some downward movement in the short term, but the likelihood of continuing to break lower is very small. This round of decline has seen the bears move directly to the point, and it cannot be ruled out that the main force may have some inducement to trap shorts.

In the short term, the coin price may experience fluctuations. The subsequent price is likely to rely on the 95,000 level for a rebound, so in the short term, it is advisable not to blindly chase shorts. Adjustments should be made in the short-term strategy, focusing on a pullback first and then referencing the 95,000 level for a potential rebound correction. #币安Alpha项目公布 #加密市场回调 #萨尔瓦多增持BTC $BTC $ETH